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Bill would boost California Lottery jackpots

California LotteryCalifornia Lottery: Bill would boost California Lottery jackpots
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The state Lottery would be allowed to pay out more money on jackpots, with the aim of gaining more players and boosting funding for schools, under a measure that advanced Tuesday, but Los Angeles' teachers are skeptical.

Assemblywoman Mary Hayashi (D-Castro Valley) said her legislation would ultimately mean more money for education, but the United Teachers of Los Angeles objected during a committee hearing that it would allow funds to be shifted from education to prizes.

Voters approved the lottery in 1984 with a requirement that at least 84% of the money go back to the public, at least half in prizes and 34% to schools. Hayashi's proposal would increase the amount going back to the public to 87%, which would allow more revenue to be put into bigger jackpots, but would leave it to the Lottery Commission to decide how much goes to education.

Based on experiences in other states, lottery industry officials estimated that bigger prizes would draw more players, boosting money for schools from the current $1 billion to $1.4 billion each year.

The Senate Governmental Organization Committee was impressed and unanimously approved AB 142, despite protests by the UTLA.

"The percentage for education will now be determined by a commission, and all that does is cause us to be involved in a political situation where education may not get what it received before,'' said Harold L. Boyd Jr., a UTLA lobbyist.

Ross Warren, a consultant to Hayashi, said the bill requires the state to revert back to the old formulas if the change does not produce at least the same amount that schools are now getting.

LA Times

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8 comments. Last comment 7 years ago by lottocalgal.
Page 1 of 1
joshuacloak's avatar - Money Swim-uncle-scrooge-mcduck-35997717-677-518.jpg

United States
Member #32537
February 12, 2006
698 Posts
Offline
Posted: February 25, 2010, 11:57 am - IP Logged

bill requires the state to revert back to the old formulas if the change does not produce at least the same amount that schools are now getting.

 

whats the big deal with that plan!

this UTLA lobbyist looks like a total idiot to say no to it

, if it dont work out, they go back to old formulas!

 

hell i wish we had that for tn computor drawings

 

they be like, lets see if we save more money for our pack 3 ,4 ,5 games

if it dont work out, we go back to old design, ball drawings,

no we got beeped,

 

utla should be happy they have a such a backup plan,   

nonething wrong with trying something new and going back to old ways if it dont work

 so the very goal UTLA  is more money for schools huh

, this is a oxymoron thing to do to say no to it then

seems to me, they dont like change much,

then again their CA so it normal for them

 

nearly everyone in charge of the state budget over their is a total moron, their debt speaks for it self

they dont want change, so they keep going broke and stay in debt,  sign

 

hopeful ca lotto will get powerball asap , sense they are right, large prizes = more sales = more money for them

    Dollar419's avatar - Lottery-050.jpg
    Santa Ana
    United States
    Member #71159
    February 20, 2009
    651 Posts
    Offline
    Posted: February 25, 2010, 12:42 pm - IP Logged

    I have been saying all along that they should re-vamp, revised, whatever the CA Lottery to boost more players into the system and to have better payouts.  The games are getting very stale and boring and they need to come up with a brand new game as well.  I know someone in charge made the final decision not to allow "Powerball" which was a very dumb move; that alone would have generate new players into the system.  Also, I've participated on the website and filled out their surveys regarding new lottery games and updating the other games but it seems they have not listen or implement any of my suggestions yet.

    As the saying goes, they are: "A day late--a dollar short"Unhappy

      liberal47's avatar - Rowlf
      Holt MI
      United States
      Member #2244
      September 4, 2003
      69 Posts
      Offline
      Posted: February 25, 2010, 6:53 pm - IP Logged

      I live in Michigan, where at one time years ago, the lottery was waning, I mean going down big time, before The lottery commission was able to push a bill through the legislature raising the percentage that the lottery would dispense in prize money. The same arguments were raised that it would draw money away from the schools. Well the bill passed and the Michigan Lottery is one of the most successful lotteries in the country. Instant ticket sales here are thriving. I wisited California and stayed there 7 months. While I was there I played the lottery the same way I would have played in Michigan. What a disaster. Losing ticket after losing ticket. A two dollar winner or even a free ticket became a moral victory.The top prize I won in instant tickets in 7 months was $20 dollars and that was it. The odds of finding a winning ticket had to be 1 in 20. By the time I left that state I felt like an all day sucker! It takes money to make money!They are doing a lot of things wrong out there as far as the lottery goes. I think I'd have a stroke if I hit 5 white ball in the Mega Millions Drawing and only won $ 80,000 instead of the 250,000 won in every other state. Of course that is the worst case senario, but it has happened. Don't get me started on buying tickets for consecutive drawings. You can't buy tickets for just the evening draws or just the midday draws, no you have to buy consecutive drawings if you want to buy a number for a week at a time.

      It just sucks!

        Avatar
        California
        United States
        Member #61514
        May 25, 2008
        67 Posts
        Offline
        Posted: February 25, 2010, 8:15 pm - IP Logged

        liberal47:

        "I think I'd have a stroke if I hit 5 white ball in the Mega Millions Drawing and only won $ 80,000 instead of the 250,000 won in every other state."

        Same here.  I wish California would dump pari-mutuel.

        Already regretting delurking...

          Avatar
          Los Angeles CA
          United States
          Member #55727
          October 16, 2007
          195 Posts
          Offline
          Posted: February 25, 2010, 10:01 pm - IP Logged

          I like pari-mutel here in CA. Daily 3 and Daily 4 prizes on uncommon #s are sometimes 20-30% more than the usual pay outs in structered pay-outs. And when no one wins the 5 white ball prize in mega it rolls over. I've seen 1 million won before on hitting 5 white balls. Occasionally with very common #s the payouts will be crap, but for the most part our winnings are on par with any other structured pay out.

           

          But when it comes to casino's yeah pari-mutel is a joke, I don't gamble in CA casinos for that reason.

          EXMECHANIC

          "My dollar buys hope, what does yours do?" 

            Avatar
            California
            United States
            Member #80929
            October 7, 2009
            94 Posts
            Offline
            Posted: February 25, 2010, 11:32 pm - IP Logged

            "Voters approved the lottery in 1984 with a requirement that at least84% of the money go back to the public, at least half in prizes and 34%to schools. Hayashi's proposal would increase the amount going back tothe public to 87%, which would allow more revenue to be put into biggerjackpots, but would leave it to the Lottery Commission to decide howmuch goes to education."

            I am surprised only 84% goes to the public.  That means 16% goes to the lottery companies.  That seems a bit excessive to me.  I don't believe the lottery companies need 16% of the jackpot to run the games and pay their employees, unless they're making millions off our money!  For years I always assumed the cut of the lottery companies was far smaller, in the 5-10% range!

            Why exactly does the California State Senate want to change the formula now?  Unless, perhaps the lottery companies are slathering them with money, i.e. campaign contributions!  Cussing Face

            Why should we trust the Lottery Commission to decide how much goes to education anyway?  The original promise of the lottery law, a proposition approved by the voters, was that the lottery money would give extra equipment and programs to schools.  In reality, what happened was the lottery money was used to replace money taken out of the regular school budget, few "extra" computers, few "extra" programs.  Now they want to to reduce the money going to the schools even further!

              Avatar
              California
              United States
              Member #61514
              May 25, 2008
              67 Posts
              Offline
              Posted: February 26, 2010, 4:26 am - IP Logged

              Out of curiosity, I looked through the last 35 games to see how often pari-mutuel worked in CA's favor.  More often than not (18 to 17), the payout was less than $250,000.

              Still...the games when it's way over what the other MM states get for 5+0, would be a sweet time to win.

              02-23-2010     1     $ 215,488    -34,512
              02-19-2010     2     $ 100,173    -149,827
              02-16-2010     2     $ 269,594    +19,594
              02-12-2010     0     $ 341,545    +91,545
              02-09-2010     0     $ 159,960    -90,040
              02-05-2010     1     $ 300,449    +50,449
              02-02-2010     0     $ 150,711    -99,289
              01-29-2010     2     $ 301,748    +51,748
              01-26-2010     0     $ 285,594    +35,594
              01-22-2010     3     $ 79,168      -170,832
              01-19-2010     1     $ 201,128    -48,872
              01-15-2010     3     $ 68,323      -181,677
              01-12-2010     2     $ 95,998      -154,002
              01-08-2010     1     $ 646,916    +396,916
              01-01-2010     0     $ 302,763    +52,763
              12-29-2009     0     $ 141,276    -108,724
              12-25-2009     1     $ 477,101    +227,101
              12-22-2009     0     $ 329,581    +79,581
              12-18-2009     1     $ 294,240    +44,240
              12-15-2009     1     $ 268,709    +18,709
              12-11-2009     1     $ 238,838    -11,162
              12-08-2009     1     $ 189,929    -60,071
              12-04-2009     1     $ 182,700    -67,300
              12-01-2009     2     $ 159,838    -90,162
              11-27-2009     0     $ 146,814    -103,186
              11-24-2009     1     $ 156,458    -93,542
              11-20-2009     1     $ 425,500    +175,500
              11-17-2009     0     $ 277,981    +27,981
              11-13-2009     0     $ 142,090    -107,910
              11-10-2009     1     $ 906,210    +656,210
              11-06-2009     0     $ 702,246    +452,246
              11-03-2009     0     $ 508,010    +258,010
              10-30-2009     0     $ 324,065    +74,065
              10-27-2009     0     $ 153,924    -96,076
              10-23-2009     2     $ 153,925    -96,075

              Already regretting delurking...

                lottocalgal's avatar - Lottery-043.jpg
                CA
                United States
                Member #57222
                December 23, 2007
                587 Posts
                Offline
                Posted: March 1, 2010, 9:39 pm - IP Logged

                I have been saying all along that they should re-vamp, revised, whatever the CA Lottery to boost more players into the system and to have better payouts.  The games are getting very stale and boring and they need to come up with a brand new game as well.  I know someone in charge made the final decision not to allow "Powerball" which was a very dumb move; that alone would have generate new players into the system.  Also, I've participated on the website and filled out their surveys regarding new lottery games and updating the other games but it seems they have not listen or implement any of my suggestions yet.

                As the saying goes, they are: "A day late--a dollar short"Unhappy

                Me too Dollar.

                I've participated in every survey they had and felt good about it.  But it seemed to be alot of hogwash (for lack of a worse word).  So I guess that means I can give up my dream of them having a Powerball in CA.  Then they better work something out with Mega Millions!